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The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% […]Powered by WPeMatico
Nonetheless, ETHPoW is gaining adoption among top mining pools and crypto exchanges.
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ETC price secures a double-digit gain as its hashrate hits a record-high and BTC.com adds a Ethereum Classic mining option to its services.
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Several altcoins have not only out performed Bitcoin and Ethereum in the last three months, but have also posted impressive gains.
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It’s not just ETH price that stands to benefit from Ethereum’s move to proof-of-stake in September.
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Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate.
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Ethereum’s transition to proof-of-stake could be a boon for the price of Ethereum Classic.
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The gains also appear amid an overall crypto market recovery following Bitcoin’s sharp rebound from $30,000-support.
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The “original” Ethereum, despite its security issues, beats ETH as it ascends to USD levels never seen before.
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It has been a while since people actively discussed Ethereum Classic in a rather positive spotlight. The most recent 51% attack against this network has seemingly caused a lot of lingering unrest, even though the problems have been addressed for some time now. Thankfully, it would appear the Ethereum Classic price is moving up ever so slightly once again. Continuing this trend over the weekend would send a pretty bullish signal, all things considered. Ethereum Classic Price Momentum is Surprising There have always been some interesting trends taking place where Ethereum Classic is concerned. More specifically, this fork of EthereumPowered by WPeMatico